10.
On the statement of cash flows, the cash flows from investingactivities section would include
payments for retirement of bonds payable
receipts from the issuance of capital stock
receipts from the sale of investments
payments for dividends
11.
A building with a book value of $54,000 is sold for $63,000 cash.Using the indirect method, this transaction should be shown on thestatement of cash flows as follows:
a. an increase of $9,000 from investing activities
b. an increase of $54,000 from investing activities
c. an increase of $63,000 from investing activities and a deductionfrom net income of $9,000
d. an increase of $54,000 from investing activities and an additionto net income of $9,000
12.
If a gain of $11,000 is realized in selling (for cash) officeequipment having a book value of $55,000, the total amount reportedin the cash flows from investing activities section of thestatement of cash flows is
a. $11,000
b. $44,000
c. $66,000
d. $55,000